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Raila Odinga appointed to advice international bank

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ODM leader Raila Odinga was on Tuesday appointed to join the Advisory Board of the African Green Infrastructure Investment Bank (AfGIIB).

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Odinga was named alongside Zamara Group CEO Sundeep Raichura during a  G-7 African Investor Summit that was held on the sidelines of the recently concluded G7 Summit in Cornwall.

Odinga who is the African Union High Representative for Infrastructure Development will join other members in championing and creating a special green infrastructure investment avenue to boost Africa’s green transitions.

The board is also mandated to create job opportunities to increase Africa’s stake in the Industrial green global economy.

While reacting to his appointment, the former Prime Minister revealed that the position was in tandem with his resolve to push the continent’s green agenda.

“I support initiatives of this type that catalyze more investments into infrastructure in Africa and more so support and accelerate Africa’s transition to a greener and more resilient economy,” Odinga’s response read in part. 

The excitement was similar on Raichura’s side.

“The emerging need to reassess investment allocation by Kenyan pension funds presents an opportunity to revisit nature-based and sustainable solutions for more resilient physical infrastructure to mitigate climate change and physical risks,” Raichura said.

The AfGIIB initiative is the brain child of the Africa Union that seeks to leverage the continent’s green transition ahead of the COP27.

 

 

 

 

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